INDUSIND BANK FUTURES (1-Minute Chart) 🕰 Chart Time: Fri, 27 June 2025 at 14:35 📊 Technical Overview: Current Price: ₹865.30
Day's High: ₹886.90
Day's Low: ₹865.30
Fibonacci Levels:
0.618 Retracement: ₹861.75 (Strong Support)
0.5 Retracement: ₹866.55 (Current Price Zone)
🔍 Short-Term View (Intraday to 2 Days): 📌 Support Levels: ₹861.75 (0.618 Fib): Strong intraday support
₹857–₹860: Psychological round-level support
📌 Resistance Levels: ₹866.55: Minor intraday resistance (0.5 Fib)
₹886.90: Strong resistance (Day High & Fib 0)
🎯 Short-Term Strategy: Buy Zone: ₹861–₹864 (near 0.618 retracement)
Target 1: ₹870
Target 2: ₹880
Stop Loss: ₹858 (below 0.618 Fib)
📈 If price sustains above ₹866.55, a breakout rally toward ₹880–₹886.90 can happen.
📈 Medium-Term View (2 Days to 2 Weeks): 🟢 Bullish if: Price closes above ₹870–₹872 on hourly chart
Volumes increase during upward moves
🎯 Medium-Term Targets: Target 1: ₹885
Target 2: ₹895
Stop Loss: ₹857 (below structure & retracement zone)
💡 Consolidation between ₹860–₹870 can indicate accumulation.
🏦 Long-Term View (2 Weeks to 2 Months): 🟠 Trend Bias: Neutral to mildly bullish If price breaks ₹886.90 on a daily close, it may trigger a long-term uptrend continuation.
🎯 Long-Term Targets: Target 1: ₹910
Target 2: ₹940+
Stop Loss: ₹848 (major support on daily)
🔧 Summary Table: Term Support Resistance Target(s) Stop Loss Short Term 861 / 858 866.55 / 886.90 870 / 880 858 Medium Term 857 / 860 885 / 895 885 / 895 857 Long Term 848 / 857 910 / 940 910 / 940+ 848